GPIX vs WBIL
Goldman Sachs S&P 500 Premium Income ETF vs WBI BullBear Quality 3000 ETF
Which is better, GPIX or WBIL?
GPIX has been ahead.
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. WBIL is less concentrated, with 23.0% of the fund in its ten largest positions against 38.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GPIX | WBIL |
|---|---|---|
| Expense Ratio | 0.29%Best | 1.55% |
| AUM | $6.3B | $30M |
| Dividend Yield | 8.16% | 0.04% |
| Holdings | 496 | 142 |
| YTD Return | +13.52% | +14.67%Best |
| 1Y Return | +17.92%Best | +14.68% |
| 3Y Return (annualized) | +23.39%Best | +10.76% |
| 5Y Return (annualized) | - | +6.30% |
| Volatility (annualized) | 10.5%Best | 14.8% |
| Max Drawdown | -17.5%Best | -25.3% |
| $10,000 over 3 years | $18,786Best | $14,379 |
| Top 10 Weight | 38.9% | 23.0%Best |
| Fund Family | Goldman Sachs Asset Management | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 24, 2023 | Aug 25, 2014 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 26, 2023 to Oct 14, 2026 (3 years).
GPIX vs WBIL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
GPIX vs WBIL Performance
Goldman Sachs S&P 500 Premium Income ETF (GPIX) is an ETF from Goldman Sachs Asset Management and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year GPIX returned +17.92% while WBIL returned +14.68%. Year to date, GPIX is up 13.52% versus a gain of 14.67% for WBIL.
Over three years, GPIX compounded at +23.39% per year against +10.76% for WBIL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIL has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 10.5% for GPIX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.5% for GPIX and -25.3% for WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GPIX charges 0.29% per year while WBIL charges 1.55%. On a $10,000 position that is $29 vs $155 annually, a gap of $126 per year that compounds over a long holding period. On income, GPIX currently yields 8.16% against 0.04% for WBIL.
Holdings Overlap
17.6% of GPIX's money is in holdings WBIL also owns. 84.7% of WBIL's money is in holdings GPIX also owns.
Most of WBIL is already inside GPIX. Owning both mostly buys the same companies twice.
56 positions in common, counted across the 491 positions we hold weights for in GPIX and 64 in WBIL, against full books of 496 and 142.
What only one of them owns
Our book lists 7 positions for WBIL that do not appear in our book for GPIX (12.7% of the fund), and 413 for GPIX that do not appear in WBIL (82.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GPIX | Weight in WBIL | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 1.69% | 2.38% | 0.69% |
| BRK.BBrk/B | 1.38% | 1.92% | 0.54% |
| METAMeta Platform Inc | 1.47% | 1.65% | 0.18% |
| AMDAdvanced Micro Devices Inc | 1.28% | 1.69% | 0.41% |
| VVisa Inc-class A Shares | 0.99% | 1.94% | 0.95% |
| DELLDell Technologies Inc. | 0.23% | 2.51% | 2.28% |
| AMGNAmgen Inc. | 0.33% | 2.15% | 1.82% |
| ANETArista Networks Inc Common Stock | 0.33% | 2.10% | 1.77% |
| SMCISuper Micro Computer Inc Common Stock USD.001 | 0.03% | 2.37% | 2.34% |
| APHAmphenol Corp. Class A | 0.29% | 2.10% | 1.81% |
84.7% of WBIL is already inside GPIX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GPIX or WBIL?
GPIX has an expense ratio of 0.29% while WBIL charges 1.55%. GPIX is the cheaper option, by $126 a year on a $10,000 investment.
Which performed better, GPIX or WBIL?
Over the past year GPIX returned +17.92% vs +14.68% for WBIL, so GPIX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPIX or WBIL?
WBIL has been the more volatile fund at 14.8% annualized versus 10.5% for GPIX. Worst drawdown: GPIX -17.5% vs WBIL -25.3%.
Should I hold both GPIX and WBIL?
GPIX and WBIL have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GPIX and WBIL?
84.7% of WBIL's money is in holdings GPIX also owns. 84.7% of WBIL's is in holdings GPIX also owns. They hold 56 positions in common, counted across the 491 positions we hold weights for in GPIX and 64 in WBIL.
Which pays a higher dividend, GPIX or WBIL?
GPIX yields 8.16% while WBIL yields 0.04%, so GPIX currently pays the higher dividend yield.
Is WBIL better than GPIX?
GPIX has a lower expense ratio. GPIX led over 1Y, 3Y and the full window. WBIL is less concentrated, with 23.0% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.